Business

SBF despatched dwelling after his mother and father put up their home to cowl his astronomical bail bond By Cointelegraph



On Dec. 21, Reuters reported that Sam Bankman-Fried, the previous CEO of FTX — who’s now going through prison fees that would land him in jail for the remainder of his life — could also be granted bail in the USA forward of his trial.

Prosecutor Nicholas Roos reportedly proposed granting bail to Bankman-Fried, also known as “SBF,” on the circumstances of a $250 million bond, dwelling detention, location monitoring and the give up of his passport.